Having said that, please note I have supported Positive Money (for whom Hannah seems to work) since it was first set up. In particular I support what has long been the central idea promoted by PM, namely what they call “Sovereign Money”, i.e. the idea that only central banks and governments should create money, not private banks. That idea would seem to be tailor made for the political left. But the political left is strangely silent on that idea. I suggest the left needs to put its thinking cap on.

Adam Smith’s ‘invisible hand’ is always the bosses hand picking the workers’ pockets.